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844D3729601C6049872586AE00772DE7 Hearing Summary




PUBLIC
BILL SUMMARY For SB21-020

HOUSE COMMITTEE ON FINANCE
Date Apr 5, 2021      
Location HCR 0112



SB21-020 - Referred to the Committee of the Whole


03:41:49 PM  
Representatives A.
Valdez and Soper presented Senate Bill 21-020 to the committee.
 This
bill requires clean energy resources, energy storage facilities, and solar
facilities with a generation capacity of under 2 megawatts to be valued
for property tax purposes using the “income approach” rather than the
“cost approach” beginning January 1, 2021.
03:42:12 PM  
Marc Carey, Legislative Council Staff, responded to committee members' questions.
03:59:46 PM  
Emilie Olson, representing Advanced Energy Economy, testified in support of the bill.
04:16:51 PM  
John Dailey, representing NextEra Energy Resources, testified in support of the bill.
04:19:21 PM  
Rikki Seguin, representing Interwest Energy Alliance, testified in support of the bill.
04:29:37 PM  
Daniel Merkle, representing Pivot Energy, testified in support of the bill.
04:37:49 PM  
Representatives Valdez and Soper wrapper up their presentation to the committee.


05:04:01 PM
Motion Refer Senate Bill 21-020 to the Committee of the Whole.
Moved Snyder
Seconded Gray
Benavidez No
Bradfield No
Daugherty Yes
Gonzales-Gutierrez Yes
Gray Yes
Kipp Yes
Luck No
Rich No
Sandridge No
Snyder Yes
Bird Yes
Final YES: 6   NO: 5   EXC: 0   ABS:  0   FINAL ACTION:  PASS